Equinor CEO Reaffirms Focus on Oil and Gas Assets and Interest in Renewable Expansion

Written by Roberta Souza

Published on 02/12/2020 at 18:08

Equinor

Be the first to react!

During Rio Oil & Gas, Andres Opedal Stated That Equinor Is Still Focused on Oil and Gas Assets and Wants to Invest in Renewables to Zero Out Its Pollutant Emissions

Yesterday, during Rio Oil & Gas, Equinor’s president, Andres Opedal, stated that the company will continue to focus on oil and gas assets, but also has an interest in expanding renewables, as the multinational aims to zero out its pollutant emissions.

Check Out Other News of the Day:

The multinational is one of the largest companies in the sector and is increasingly seeking to diversify its portfolio. The CEO also claims that one of Equinor’s major goals is to become one of the leaders in the energy transition. Andres Opedal stated that it is still too early to guarantee progress in the search for renewable energy project plans. The type of project is still under study.

ARTICLE CONTINUES BELOW

About Equinor:

Equinor is an international energy company with a proud history; 20,000 dedicated workers are working every day to develop energy from oil, gas, wind, and solar. Driven to provide energy to the world safely and sustainably, they are building a global business based on their values and the energy needs of the future.

The Norwegian company has a diversified oil and gas portfolio in the country, with licenses at different stages – exploration, development, and production – in the Campos, Santos, and Espírito Santo basins. It is considered the largest international company in terms of production volume, averaging approximately 100,000 barrels of oil per day.

Equinor CEO Reaffirms Focus on Oil and Gas Assets and Interest in Renewable Expansion

During Rio Oil & Gas, Andres Opedal Stated That Equinor Is Still Focused on Oil and Gas Assets and Wants to Invest in Renewables to Zero Out Its Pollutant Emissions

Check Out Other News of the Day:

About Equinor:

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

A new 3D printing technology promises to give robots muscles similar to humans.

China pours concrete for 60 hours non-stop to form the largest caisson in the world on a highway bridge over the Yangtze and prepare the base that will support a 1,600-meter span over one of the most important rivers on the planet.

While thieves looted almost all the neighboring tombs over 2,600 years, an Etruscan chamber in Italy remained sealed and untouched all this time, and archaeologists have just opened it to find more than a hundred objects in the exact place where they were left.

Black Hawk helicopter carries 24 basalt rocks weighing up to 2 tons through narrow Australian valleys to rebuild a 100-year-old dam, after floods destroyed the structure and forced engineers to transform the aircraft into a flying crane.

At 30 km altitude and nearly 7,000 km/h, the 14-X demonstrator of the Brazilian Air Force tested a scramjet engine without moving parts in Alcântara, in a project with the ambitious goal of reaching Mach 10, which has just received a historic investment of R$ 93 million from Finep.

Equinor CEO Reaffirms Focus on Oil and Gas Assets and Interest in Renewable Expansion

During Rio Oil & Gas, Andres Opedal Stated That Equinor Is Still Focused on Oil and Gas Assets and Wants to Invest in Renewables to Zero Out Its Pollutant Emissions

Check Out Other News of the Day:

About Equinor:

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

While Brazil sits on the pre-salt and still imports diesel, Turkey, which produces almost no oil, crossed half the world to drill 7,500 meters below the sea in Somalia in search of its own fuel.

Why didn’t oil reach $150 even after three months of the Strait of Hormuz being closed?

Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.

Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening

A new 3D printing technology promises to give robots muscles similar to humans.

China pours concrete for 60 hours non-stop to form the largest caisson in the world on a highway bridge over the Yangtze and prepare the base that will support a 1,600-meter span over one of the most important rivers on the planet.

While thieves looted almost all the neighboring tombs over 2,600 years, an Etruscan chamber in Italy remained sealed and untouched all this time, and archaeologists have just opened it to find more than a hundred objects in the exact place where they were left.

Black Hawk helicopter carries 24 basalt rocks weighing up to 2 tons through narrow Australian valleys to rebuild a 100-year-old dam, after floods destroyed the structure and forced engineers to transform the aircraft into a flying crane.

At 30 km altitude and nearly 7,000 km/h, the 14-X demonstrator of the Brazilian Air Force tested a scramjet engine without moving parts in Alcântara, in a project with the ambitious goal of reaching Mach 10, which has just received a historic investment of R$ 93 million from Finep.